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☆ A software engineering job got over 3,000 applications. Here's how a recruiter screened out 98% of them before a phone call.
▼ + stars: | 2024-05-20 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +5 min

Read previewIt took Lusely Martinez and her team 50 days to fill a software engineering role for a global tech company. "This role was for a level three software engineer, with full-stack expertise and knowledge of specific programming languages," Martinez told Business Insider. Martinez used an applicant tracking software to screen out candidates who didn't meet the job's basic requirements. Recruiter screening callThe hiring manager selected 43 candidates for a recruiter screen —1.28% of the total applicants. "Do your due diligence: read the job posting thoroughly before applying to ensure you are a good match," she said.

Persons: —, Lusely Martinez, Martinez, they've, it's Organizations: Service, Business, BI Locations: generalities

☆ Cramer explains why it's important to acknowledge the Dow 40,000 milestone
▼ + stars: | 2024-05-20 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

After the Dow Jones Industrial Average topped 40,000 last week, CNBC's Jim Cramer reflected Monday on his many years in the business, saying investors should take a step back and realize how far the market has come. At first, Cramer admitted he felt somewhat cautious about celebrating the milestone, thinking back to the Dow's great losses over his decades-long career on Wall Street. But then Cramer remembered when the average was at 1,000, saying perhaps he should "demonstrate some confidence" in the market after all these immense gains. To Cramer, investors don't need to be" cheerleaders" for the market, per se. "I could've tossed the Dow 1,000 hat and gone and become a lawyer.

Persons: CNBC's Jim Cramer, Cramer Organizations: Dow Jones, Dow, Federal

☆ Francis Ford Coppola says his sci-fi saga 'Megalopolis' is being panned because Hollywood doesn't like rule-breakers
▼ + stars: | 2024-05-19 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Coppola has responded to the negative reaction, expressing his belief that detractors have conspired against him because the film "doesn't play by Hollywood's current rules." AdvertisementHe then dismissed those who had pejoratively called the film a "passion project," stating, "I've never made a film that wasn't a passion project." Little White Lies's David Jenkins wrote that "Megalopolis" is a "celebration of unfettered creativity and farsightedness" and features "a script of toe-tapping word-jazz." To fund "Megalopolis" Coppola sold a significant share of his Northern California wine empire, according to GQ.

Persons: —, Francis Ford Coppola's, Adam Driver, Aubrey Plaza, Jon Voight, Laurence Fishburne, Romy Mars, Sofia Coppola, Coppola, I've, Nathalie Emmanuel, Esther Zuckerman, Peter Bradshaw, Jessica Kiang, White, David Jenkins, Deadline's Damon Wise, Darren Demetre Organizations: Service, Cannes, Business, Air, Daily, GQ, Guardian Locations: Rome, Northern California

☆ My partner and I sleep in the same room but in separate beds. We've only gotten closer since we started sleeping apart.
▼ + stars: | 2024-05-19 | by ( Roli Jain | ) www.businessinsider.com time to read: +4 min

And sleeping in separate beds isn't something my partner and I talked about. AdvertisementDeciding to sleep in separate beds was easyWhen we met, we weren't as mature or secure about each other and ourselves as we are now. This is when choosing to sleep in separate beds became a naturally comfortable choice. Two separate beds also help us avoid waking each other up when we go to sleep at different times or stir at night. Sleeping in separate beds proved to be a great choiceNot sleeping in the same bed gives us a sense of physical freedom and mental space — something that we value being with each other for almost two decades.

Persons: — Organizations: Service, Business

☆ Neuropsychologist: 4 tips to stop the cycle of negative self-talk—your 'thoughts are not the absolute truth'
▼ + stars: | 2024-05-19 | by ( Aditi Shrikant | ) www.cnbc.com time to read: +2 min

Negative self-talk, or the experience of your inner monologue being hyper-critical, can erode your confidence. And, usually, whatever you're worried about doesn't actually come to pass, says Judy Ho, a neuropsychologist and professor at Pepperdine University. In her recent TED Talk, Ho describes how negative self-talk can undermine your goals. "Sometimes we think that negative self-talk helps us to be motivated," Ho told CNBC Make It. To defeat the cycle of negative self-talk, you have to be mindful of what triggers your pessimism and how to distance yourself from anxiety-driven thoughts.

Persons: doesn't, Judy Ho, Ho, Judy Ho neuropsychologist Organizations: Pepperdine University, Penn State University, CNBC

☆ AI-generated influencer ads are having a moment. But they won't replace humans, industry insiders say.
▼ + stars: | 2024-05-17 | by ( Marta Biino | ) www.businessinsider.com time to read: +7 min

Read previewThe first time he saw a short-form video ad made entirely using AI, Will Sartorius thought it was "mind-boggling." Sartorius is the CEO of the agency SelfMade, which works primarily with direct-to-consumer brands on social advertising. In March, Sartorius came across a viral ad in the style of user-generated content that was made using the AI tool Arcads. AdvertisementPatricia Redulla is a user-generated content creator. This includes sentences that warn against using generative AI for anything from idea generation to scripts to editing.

Persons: —, Will Sartorius, Sartorius, Ariel Marie, It’s, …, — Beck, ike H, ince, ptions, riel, arie, ould, ake, l, ike, ork, eason, anders, arn Organizations: Service, Business Locations: uman

☆ I prompted AI to summarize Google's 45-page book about how to write the best AI prompts. Here are the key takeaways.
▼ + stars: | 2024-05-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Google handed out free guides on how to write successful AI prompts for Gemini at Google I/O. The booklet covers best practices for Google Workspace and gives examples for various professions. Some tips include drafting 21-word prompts that include persona, task, context, and format. AdvertisementGoogle handed out booklets about how to write successful AI prompts at its big summer developer conference, Google I/O. The guide breaks down how to best write AI prompts for Gemini for the company's Google Workspace apps, which include Gmail, Google Docs, Google Sheets, Google Meet, and Google Slides.

Persons: — Organizations: Google, Gemini, Service, Gmail, Business

☆ 17-year-old got into 2 Ivy League schools—her financial aid package helped her decide where to go
▼ + stars: | 2024-05-16 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +4 min

Facing unknown costs of attendanceAnsah knew she needed financial aid to attend college. "I knew that ultimately the decision of where I'm going to go would be heavily impacted by the financial aid aspect." Typically, when incoming students receive their college acceptance letters, they also receive a financial aid offer if they applied and qualify for assistance. And now, as students are making college decisions, some still haven't seen financial aid offers. But neither of her acceptance letters from Penn or Princeton included financial aid award information.

Persons: —, Ansah, It's, We've, wouldn't, She'd Organizations: Princeton University, University of Pennsylvania, CNBC, Ivy League, Princeton, Penn, Federal Student Aid, of Education, Rutgers University, Howard University, University of Maryland Locations: New Jersey, Penn

☆ My family had to stay at 3 different resorts during our 8-day trip to Disney World, and it wasn't worth all the effort
▼ + stars: | 2024-05-16 | by ( Jill Robbins | ) www.businessinsider.com time to read: +6 min

When my family of four went to Disney World for the holidays one year, everything was so booked we had to stay in three different resorts. We've done split stays at Disney World in the past, but this was the first time we stayed at three different hotels on a single visit. Pop Century wasn't my favorite resort, but it definitely has its prosIt's unfair to compare a value resort like Pop Century to villas at deluxe resorts, but Pop Century was my least favorite of the three. Jill RobbinsThis wasn't my first time staying at Animal Kingdom Lodge or Wilderness Lodge, and I'd happily stay in either again. Moving from one resort to another at Disney World was pretty seamlessIt's pretty easy to move between resorts at Disney World.

Persons: —, We've, Jill Robbins, Murphy, I'd, we've, I've Organizations: Service, Disney, Business, Animal, Disney Springs Locations: Animal, unpack

☆ Buckle up America: Powell says interest rates will likely stay higher for longer as inflation stubbornly refuses to come down
▼ + stars: | 2024-05-16 | by ( Ayelet Sheffey | Madison Hoff | ) www.businessinsider.com time to read: +6 min

Read previewInflation and interest rates are still high, but Americans shouldn't count on any relief just yet. Advertisement"The status of the battle against inflation requires that interest rates remain elevated in the near-term," Hamrick said. "The first quarter in the United States was notable for its lack of further progress on inflation," Powell said during the panel. But while job seekers and workers may find this cooldown concerning, that moderation is also welcome and the labor market is still strong. "Paired with high borrowing costs — like high interest rates on your credit cards — and the current economy can feel quite uncomfortable," Renter added.

Persons: —, That's, Mark Hamrick, Hamrick, Jerome Powell, Powell, Joanne Hsu, Nick Bunker, Ted Rossman, Rossman, Elizabeth Renter, Renter, it's Organizations: Service, Federal Reserve, Bureau of Labor Statistics, CPI, Business, Federal, University of Michigan, North America Locations: Amsterdam, United States, —

☆ Here's the deflation breakdown for April 2024 — in one chart
▼ + stars: | 2024-05-16 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Consumers have largely seen prices deflate for physical goods, such as cars, furniture and appliances, economists said. They've also declined for some groceries and other things, such as travel, according to the consumer price index. Physical goods prices have deflated in all but one month since May 2023, for example. watch nowThe U.S. dollar's strength relative to other global currencies has also helped rein in prices for goods, economists said. Downward pressure on goods prices has waned a bit in recent months as supply-and-demand dynamics have normalized, economists said.

Persons: Oscar Wong, They've, they've, Michael Pugliese, Stephen Brown, Mark Zandi, Zandi, Hayley Berg, Hopper, There's, Brown Organizations: Consumers, Wells, Wells Fargo Economics, North, Capital Economics, Finance, GameStop, AMC, U.S, Federal Reserve, Canadian, Moody's, Airlines Locations: Wells Fargo, North America, U.S

☆ A millennial who's been applying to jobs for a year says he's encountered ghost jobs and scammers in his struggle to find a remote role
▼ + stars: | 2024-05-16 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

Martins said that in the 12 months since his layoff, he'd been actively looking and applying for jobs but hadn't had much luck. In recent years, the rise of remote work and historically high job openings have helped more people with health issues find employment. But remote jobs aren't as common as they used to be — and there's competition to land one. AdvertisementThe share of US remote job postings on LinkedIn fell from more than 20% in April 2022 to about 10% in December 2023. AdvertisementIn part because of his upcoming move, Martins said, he'd focused his job search on remote roles.

Persons: —, Felipe Martins, Martins, He'd, didn't, he'd, hadn't, he's, scammers Organizations: Service, Business, Bureau of Labor Statistics, Federal Reserve Bank of San, Social, BLS, LinkedIn, scammers, Federal Trade Commission Locations: Utah, Federal Reserve Bank of San Francisco, Washington

☆ Jobseekers and Recruiters Are Both Using AI in Hiring. It's Chaos.
▼ + stars: | 2024-05-16 | by ( Shubham Agarwal | ) www.businessinsider.com time to read: +11 min

They can now add AI recruiting systems to that pile. It turns hiring into a depersonalized process, it inundates hiring managers, and it reinforces weaknesses in the system it's designed to improve. AI is supposed to fix this mess, saving companies time and money by outsourcing even more of the hiring process to machine-learning algorithms. Platforms like LinkedIn and ZipRecruiter have started using generative AI to offer candidates personalized job recommendations and let recruiters generate listings in seconds. Several seasoned recruiters told me they hadn't incorporated AI into their workflow beyond auto-generating job descriptions and summarizing candidate calls.

Persons: Josh Holbrook, Holbrook, I've, Rik Mistry, Ian Siegel, —, ZipRecruiter, weren't, it's, Tatiana Becker, Becker, Pallavi Sinha, Sinha, Kerry McInerney, Danielle Caldwell, chatbot, Caldwell, Mclnerney, Peter Laughter, who's, Bonnie Dilber, Dilber, Aki Ito, Sandra Wachter, Wachter, David Francis Organizations: Business, Society for Human Resource Management, LinkedIn, Unilever, Google, BI, Microsoft, University of Cambridge, University of Sussex, Berkeley Haas Center for Equity, Gender, Leadership, Black, University of Oxford, IBM, Talent Tech Labs Locations: Alaska, HireVue, Humanly, Portland , Oregon, Zapier

☆ I tried 23 popular frozen meals from Trader Joe's, and would buy at least half of them again
▼ + stars: | 2024-05-16 | by ( Savanna Swain-Wilson | ) www.businessinsider.com time to read: +34 min

I'm picky about instant meals, though, so I reviewed 23 of Trader Joe's frozen entrées. AdvertisementVERDICT: Although Trader Joe's penne arrabbiata could make for a satisfying, last-minute dinner, it wasn't memorable enough for me to buy again. Trader Joe's frozen section offers many different Tex-Mex and Mexican-inspired dishes, but I noticed these because of the "hatch chile" description. I thought Trader Joe's vegetable-and-cheese enchiladas were a disappointing, soggy messOnce cooked through, Trader Joe's vegetable-and-cheese enchiladas didn't impress me. I hoped Trader Joe's spicy peanutty noodle bowl with chicken would be goodI enjoyed Trader Joe's spicy peanutty noodle bowl with chicken.

Persons: —, Joe's, Wilson, Wilson I'm, it's, penne arrabbiata, I'm, fryer, Savanna, gooey Monterey Jack oozed, they're, might've, I've, provolone, Wilson Jackfruit, didn't, It's, I'd, you've, mozzarella, Bolognese, would've, bolognese, microwaving, gnocchi, it'll, chow, chiles, Wilson I, raved Organizations: Service, Business, Monterey, Wilson, Joe's Locations: Savanna, Monterey Jack, gooey Monterey, Cuban, pesto, jalapeño, gnocchi

☆ I left JPMorgan and escaped the 'golden handcuffs.' I have no regrets.
▼ + stars: | 2024-05-16 | by ( Ella Hopkins | ) www.businessinsider.com time to read: +6 min

I started working in a towering office building in London, and I felt completely out of my depth. In 2016, I was about to move into an area I didn't want to work in when JPMorgan headhunted me. I had been stuck in golden handcuffs, but I was lucky that I didn't have some of the financial pressures other people have, like children. But I get much more of a sense of purpose from my work and feel like I am supporting people. If you left a high-paying career and would like to share your story, email Ella Hopkins at ehopkins@businessinsider.com.

Persons: —, Lucy Puttergill, It's, JPMorgan headhunted, I'd, I've, weren't, Gabor Mate, Ella Hopkins Organizations: Service, JPMorgan, Citi, Business, impressiveness, Mexico City Locations: South Africa, London, Italy, South America, Mexico, Cape Town , South Africa, ehopkins@businessinsider.com

☆ A millennial who got laid off says he's encountered ghost jobs and scammers in his struggle to find a remote role
▼ + stars: | 2024-05-16 | by ( Jacob Zinkula | ) www.businessinsider.com time to read: +8 min

In the 12 months since his layoff, Martins said he's been actively looking and applying for jobs but hasn't had much luck. In recent years, the rise of remote work and historically high job openings have helped more people with health issues find employment. But remote jobs aren't as common as they used to be — and there's competition to land one. AdvertisementThe share of US remote job postings on LinkedIn fell from over 20% in April 2022 to about 10% in December 2023. But without a job, he's had to deal with some financial stresses.

Persons: —, Felipe Martins, Martins, He'd, didn't, he's, hasn't, he'd, He's, doesn't, scammers Organizations: Service, Business, Bureau of Labor Statistics, San Francisco Fed, Social, BLS, LinkedIn, scammers, Federal Trade Commission Locations: Utah, Washington

Stock Chart Icon Stock chart icon The Dow, all-timeThe average was created by Charles Dow in 1896 with just 12 industrial stocks. Paired with the Dow Jones Transportation Average , the two were collectively meant to offer a gauge for the broader economy. The sole caveat: No utility or transportation stocks are included, given the existence of the Dow Jones Utility Average and Transportation Average. 1972: Dow hits 1,000It may be hard to imagine given the recent achievement, but the Dow traded below 1,000 until the early 1970s. The Dow saw its worst year since 2008 in 2022, though 2023's rebound allowed the index to erase those losses.

Persons: Spencer Platt, Dow, Charles Dow, There's, Richard Nixon, Alcoa Esmark, Du Pont, Dow didn't, Walt Disney, Eastman Kodak Merck Alcoa ExxonMobil Phillip Morris, T General Motors Sears, Morgan, Phillip Morris, Walmart Du Pont J.P, Morgan Chase Walt, Donald Trump, General Electric Nike American Express Goldman Sachs, Morgan Chase, Johnson, Joe Biden, Trump, Goldman Sachs, Gamble Amgen, — Organizations: New York Stock Exchange, Getty, Dow Jones, Dow Jones Transportation, P Global, Dow, CNBC, General Foods, Harvester, Chevron, Procter, Gamble, Alcoa, Manville, ExxonMobil, Illinois Glass American Tobacco General Electric Procter, General Foods Sears Roebuck AT, T General Motors Texaco Bethlehem Steel, T General Motors Texaco Bethlehem Steel Goodyear Union Carbide Chevron Honeywell United Technologies Chrysler International Harvester US, Nickel Westinghouse Electric Eastman Kodak International, Woolworth, Oasis, Eastman Kodak Merck Alcoa ExxonMobil, Express General Electric Procter, Gamble AT, T General Motors, T General Motors Sears Roebuck Bethlehem Steel Goodyear Texaco Boeing Honeywell Union Carbide Caterpillar IBM United Technologies Chevron International, Walt Disney, Morgan Chase Westinghouse, Apple, Microsoft, Sears and Union Carbide, Eastman Kodak Johnson, Johnson Alcoa ExxonMobil, American Express General Electric Merck AT, T, Goodyear Procter & Gamble Caterpillar Hewlett, Packard Sears, Chevron Honeywell Union Carbide Citigroup IBM United Technologies, Walmart, Morgan Chase Walt Disney, Visa, Travelers, Nike, General Electric Nike American Express, General Electric Nike American Express Goldman Sachs Pfizer Apple Home Depot Procter, Gamble Boeing IBM Travelers Caterpillar Intel United Technologies Chevron, Morgan Chase UnitedHealth, Cisco Systems Johnson, Johnson Verizon, Cola McDonald’s, Du Pont Merck Walmart ExxonMobil Microsoft Corporation Walt Disney, Exxon Mobil, Walgreens Boots Alliance, Goldman Sachs Nike American Express Home Depot Procter, Gamble Amgen Honeywell, Apple Intel Travelers Cos Boeing IBM, Caterpillar Johnson, Johnson Verizon Chevron, Cisco Systems, Walgreens, Alliance Coca Cola Merck Walmart Dow Microsoft Walt Disney Locations: New York City, T General Motors Texaco Bethlehem Steel Goodyear, America

☆ In-N-Out Burger is one of the 10 best-led companies in America, says new report—a workplace culture expert isn't surprised
▼ + stars: | 2024-05-16 | by ( Ashton Jackson | ) www.cnbc.com time to read: +3 min

The In-n-Out logo is displayed on the front of an In-n-Out restaurant on October 28, 2021 in Pleasant Hill, California. The new ranking doesn't surprise LaShawn Davis, a leadership and workplace culture expert who founded and runs consulting firm The HR Plug. Davis has worked in human resources for more than a decade, and says it's clear why In-N-Out Burger rivals those tech companies when it comes to leadership and culture. "It starts with the CEO," Davis tells CNBC Make It. In-N-Out's CEO is Linsi Snyder, 42, who took over her family's business at age 27 after a series of family deaths.

Persons: Burger, LaShawn Davis, Davis, Linsi Snyder, Snyder, NBC's, Lynsi Snyder, Lynsi Torres, Rod Association's Lucas, Bob Johnson, —, Forbes —, Daniel Zhao, who've, Zhao Organizations: Nvidia, CNBC Locations: Pleasant Hill , California, Burger, Redding , California

☆ I'm a college athlete whose heart stopped during practice. Doctors thought I'd need a nursing home, but I'm already back on the field.
▼ + stars: | 2024-05-16 | by ( Kelly Burch | ) www.businessinsider.com time to read: +6 min

When my mom was in labor, doctors thought I might be tangled in the umbilical cord because my heart rate would plummet and then stabilize. I was delivered by emergency C-section, and doctors soon realized that I had congenital heart defects. Still, I thought I'd adjusted well — until my heart stopped on the field. Even when I started breathing on my own, doctors thought I might need to go to a nursing home rather than a rehab facility because I was still so frail. AdvertisementTIRR Memorial Hermann in Houston was the only in-patient rehab hospital that would take me because my needs were so intensive.

Persons: Mac Kelso, Mac, Doctors, — Dr, Nikola Dragojlovic —, TIRR, Hermann, I've, — Organizations: Service, Business, Louisiana Tech University Locations: Oregon, Louisiana, Colorado, Houston, TIRR

☆ London quant hedge fund Qube's assets swell to $20 billion after hot start in 2024
▼ + stars: | 2024-05-16 | by ( Alex Morrell | ) www.businessinsider.com time to read: +1 min

Quant hedge fund Qube Research & Technologies is on a tear. The rapidly expanding fund is up 22% in 2024, or roughly $3.5 billion. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementLondon-based quant fund Qube Research & Technologies is off to a scorching start in 2024. While hedge funds were up slightly on average last month and have gained nearly 6% for the year, according to Hedge Fund Research, the HFRI index of quantitative directional strategies fell about 3%.

Persons: — Organizations: Research, Technologies, Service, Qube Research, Fund Research, Business Locations: London

☆ Inside the life and career of Larry Page, Google's co-founder and first CEO
▼ + stars: | 2024-05-15 | by ( Avery Hartmans | Lakshmi Varanasi | ) www.businessinsider.com time to read: +13 min

AdvertisementSo who is Larry Page and how did he get to where he is today? AdvertisementPage and Sergey Brin create GoogleGoogle co-founders Sergey Brin and Larry Page met as students at Stanford. Google's parent company, Alphabet, has developed self-driving cars through Waymo, the company formerly known as the Google Self-Driving Car project. Page's personal lifeGoogle cofounder Larry Page and his wife, the scientist Lucinda Southworth C Flanigan/FilmMagicThroughout it all, Page has kept information about his personal life closely guarded. Life after GoogleGoogle cofounder Larry Page bought Cayo Norte, an island in Puerto Rico.

Persons: —, Larry Page, Sergey Brin, Page, Sundar Pichai, Gloria, Carl Page —, Larry, what's, Nikola Tesla, he's, Brin's, BackRub, Brin, Eric Schmidt, Schmidt, Andy Rubin's, he'd, Andrew Kelly, Sergey, Lucinda Southworth C, Lucinda Southworth, Richard Branson, Page's, Carl Victor Page, Carl Page, He's, Hugh Langley Organizations: Service, Google, Business, Michigan State University . Education, Getty, Michigan State University, The, Montessori, Google Google, Stanford, Associated Press, University of Michigan, Labs, Reuters Page, Virgin Group, Investments, Carl Victor Page Memorial Foundation, Zee Aero, Pacific, Virgin Island, Atomic Locations: Michigan, Waymo, Toronto, Stanford, Caribbean, Palo Alto, Cayo Norte, Puerto Rico, Koop, Tavarua, Fiji

☆ A low-income millennial mom was evicted from her apartment but isn't 'homeless enough to get help'
▼ + stars: | 2024-05-15 | by ( Allie Kelly | ) www.businessinsider.com time to read: +6 min

It's a studio-size garage apartment that she shares with her partner, her 11-year-old daughter, and their dog. The Airbnb is the third place in southeastern North Carolina where Hedden and her family have lived since mid-January. Advertisement"I'm not homeless enough to get certain help because I have a roof over my head," she said. "But I'm too homeless to get a job because I don't know where I'm going to live in three weeks. Without help, Hedden said she's "trying not to drown."

Persons: —, Melissa Hedden, Hedden, I'm, hasn't, ALICE, ALICEs, Hedden's, She's, she's Organizations: Service, Business, BI, Survey, United Way's, Florida Medicaid Locations: Wilmington , North Carolina, It's, North Carolina, Bradenton , Florida, Florida

☆ 'This is what you live for': How to handle GameStop's jaw-dropping swings as meme stocks make a comeback, according to a momentum-obsessed technical strategist
▼ + stars: | 2024-05-15 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

He believes the stock market is rational — even when it doesn't appear to be. Related stories"The market is ruthlessly efficient, both long term and short term," Lundgren said. The strategist added: "The market doesn't care one iota about fundamentals in the short term. Like any market, stock exchanges determine prices based on what buyers and sellers will pay and sell for. Just because it's taking place in a mall doesn't make that mall an insane asylum."

Persons: —, Tuesday's, Redditors, David Lundgren, Lundgren, who's, that's, It's, Benjamin Graham, Mark Minervini Organizations: Service, GameStop, Business, Street, MOTR Capital Management & Research, Little Harbor Advisors, AMC

☆ Why you don't really want Big TV to bring back 'the bundle' for your streaming services like Hulu, Max, and Netflix
▼ + stars: | 2024-05-15 | by ( Peter Kafka | ) www.businessinsider.com time to read: +5 min

— pine for the good ol' days of the TV bundle. Like cable TV." The old-timey bundle was also a prerequisite for some things you might want, like HBO or Showtime. And now, let's talk about the new-fangled bundle, which isn't the bundle you're thinking of. They're going to find ways to cut costs wherever they can, and that most certainly includes programming.

Persons: I'm, Discovery, Max, Rupert Murdoch's, They're, Brian Roberts Organizations: Service, Business, Big Media, Disney, Warner Bros, Comcast, Netflix, Apple, Big TV, ESPN, TCM, Fox News, HBO, Showtime, Warner, Discovery Locations: Hulu

☆ Biden administration extends key deadline for student loan forgiveness
▼ + stars: | 2024-05-15 | by ( Annie Nova | ) www.cnbc.com time to read: +2 min

The U.S. Department of Education is giving borrowers more time to meet a key student loan forgiveness deadline. "The Department is working swiftly to ensure borrowers get credit for every month they've rightfully earned toward forgiveness," U.S. Borrowers pursuing the popular Public Service Loan Forgiveness program can also receive additional credit from the payment count adjustment, as long as they certify their qualifying employment for those months. The payment count adjustment is an attempt to rectify longstanding issues for student loan borrowers. The Consumer Financial Protection Bureau also found borrowers were needlessly steered into expensive forbearances, during which interest accrues and credit toward forgiveness is paused.

Persons: —, Biden, Education James Kvaal, weren't Organizations: U.S . Department of Education, Education, Finance, Public, Government, Office, Consumer Financial Locations: U.S, deferments

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